St. of Ind., Ind. Dept. of Rev. v. EST., WEINSTEIN

This action was commenced in the court below by appellant, filing a petition for reappraisement and redetermination of the value of the estate and the amount of inheritance tax due on appellee’s estate.

The factual situation is not contested, and can briefly be stated thus:

Decedent and his spouse had acquired title to twenty-three [23] parcels of real estate as tenants by the entireties. Prior to decedent’s death, decedent and his spouse entered into various Conditional Sales Contracts for the sale of said real estate.

Prior to the time that the entire purchase prices had been paid on these…